Ports of occupied Kerch and Feodosia transferred to Russia’s ‘federal ownership’

“We transfer the ports of Kerch and Feodosia to the federal ownership to ensure the load while maintaining the size of staff, etc.,” Aksyonov said at a press conference on December 28, Ukrinform reports with reference to Crimea.Realities.

According to him, the cargo flow through these ports is expected to rise.

“The territory of the maritime directorate is currently being considered for joint operation of the Crimean-Syrian shipping company. The number of cargoes moving in this direction will be increased. There are instructions from the President, the Ministry of Transport of the Russian Federation and I have already worked out the possibility of increasing the cargo flow through the Crimean seaports. On behalf of the President, a number of benefits will be provided for food products that are exported abroad through the Crimean seaports,” Aksyonov said.

As reported, Prime Minister of Ukraine Denys Shmyhal said at the inaugural summit of the Crimea Platform on August 23 said that Ukraine’s losses from Russia’s occupation of Crimea totaled more than $100 billion.

Earlier it was reported that Ukraine’s economy lost about $135 billion as a result of Russia’s occupation of Crimea – such data were presented by the authors of the study commissioned by the Permanent Mission of the President of Ukraine to the Autonomous Republic of Crimea and Sevastopol.

Back in December 2019, the then Minister of Economy of Ukraine Tymofiy Mylovanov published statistics on the Ukrainian economy losses caused by Russia's aggression with an estimate of the value of the real estate in the non-government-controlled territories of Donetsk and Luhansk regions and in Crimea. According to his estimates, direct losses in 2014-2015 alone amounted to 15-20% of Ukraine’s GDP, and total losses – from $50 to 150 billion.

ol